Solución
You deposit 1500 in an account that pays 7% annual interest. Find the balance after 2 years when the interest is compounded daily.
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Seven less than the product of 5 and a number is equal to 6Arianna invests 5400 in a new savings account which earns 5.6% annual interest, compounded semi-annually. What will be the value of her investment after 6 years? Round to the nearest cent.The square of a negative number is 18 more than 7 times the negative number.Albi has 4500 to invest at 5.8% compounded weekly. He would like to have 6000 when he goes to withdraw his funds. How long should he invest his money?1/(3+sqrt(2)) with an integer denominator